Happy Friday! This free edition of The Funding Letter comes to you from our headquarters in New York City. Have a nice weekend!
Hit the Gong 🎉
Source: @sales_bant_er
Daily Deals 💸
🌎 Americas
Candid Health develops an AI-powered revenue cycle management automation platform that streamlines health insurance claims for healthcare providers, enabling medical groups and digital health organizations to increase net collections, reduce the cost to collect, and accelerate cash flow through touchless billing workflows.
New Funding Raised: $120M, Series D
Round Investors: Sixth Street Growth (lead), Oak HC/FT, 8VC, Y Combinator
🚀Growth Focus: Expand its autonomous healthcare revenue cycle management platform.
Press: Pulse 2.0, Business Wire
HQ: San Francisco, CA
Industry: Hospitals and Health Care
Employee Count: 216
Genius AI develops AI-powered business management software, allowing local businesses to automate scheduling, marketing, user management, payments, inventory, and administrative operations.
New Funding Raised: $44M, Series D
Round Investors: Lux Capital (lead), StepStone Group, 2048 Ventures, L Catterton
🚀Growth Focus: Expand operations and its development efforts.
Press: Ventureburn, Yahoo Finance
HQ: New York, NY
Industry: Software Development
Employee Count: 418
Etched develops rack-scale AI inference hardware that delivers high-performance computing for production workloads, enabling organizations with demanding inference workloads to achieve faster, more cost-efficient AI processing at scale.
New Funding Raised: $300M, Series C
Round Investors: Sequoia Capital (lead), Diffusion Capital Partners, Andreessen Horowitz, Jane Street Capital
🚀Growth Focus: Expand manufacturing capacity, accelerate product development, and deploy additional frontier-scale inference clusters for customers.
Press: Pulse 2.0, GlobeNewswire
HQ: San Jose, CA
Industry: Computer Hardware Manufacturing
Employee Count: 507
AegisAI operates AI-based email security agents that counter email threats, allowing organizations to protect their systems from cybersecurity threats, eliminating the need for static rules, user training, or playbooks.
New Funding Raised: $36M, Series A
Round Investors: Battery Ventures (lead), Accel, Foundation Capital
🚀Growth Focus: Scale its fleet of autonomous defense agents, accelerate general availability of Vanguard, its agent that hunts threats beyond the inbox, and expand enterprise go-to-market.
Press: PR Newswire, SiliconANGLE
HQ: New York, NY
Industry: Computer and Network Security
Employee Count: 34
Paper develops digital interface creation tools for design purposes, enabling design teams to streamline their workflow and maintain consistency across projects.
New Funding Raised: $34M, Series A
Round Investors: Accel (lead), ICONIQ Capital (lead), Designer Fund, Anton Osika
🚀Growth Focus: Accelerate product development, expand its team, and deepen its investment in AI-native workflows for designers.
Press: Business Wire, Yahoo Finance
HQ: Irvine, CA
Industry: Technology, Information and Internet
Employee Count: 21
Transcripta Bio operates an AI-driven drug discovery platform for accelerating therapeutic development, allowing pharmaceutical researchers and clinicians to identify therapeutic opportunities across a wide range of human diseases and predict biological responses, thereby improving the efficiency and precision of drug discovery.
New Funding Raised: $24M, Series A
Round Investors: Concorde Investment Management (lead), Mayo Clinic (lead), BlueYard Capital, Jazz Venture Partners
🚀Growth Focus: Accelerate the development of experimental therapies for neurological and neuromuscular diseases.
Press: Business Wire, citybiz
HQ: Palo Alto, CA
Industry: Biotechnology
Employee Count: 20
Jusfy develops a law platform that offers all legal tools on the market in a single platform, enabling users to have software that includes all the tools that are necessary for legal activities.
New Funding Raised: $15M, Series A
Round Investors: Quona Capital (lead), Thomson Reuters Ventures, FJ Labs, The LegalTech Fund
🚀Growth Focus: Expand its proprietary legal data corpus, accelerate enterprise law firm acquisition campaigns, and scale its embedded financial services infrastructure.
HQ: Brasil, Roraima
Industry: Software Development
Employee Count: 80
CARPL.ai develops a radiology AI orchestration platform that helps healthcare providers assess, deploy, and manage imaging algorithms within clinical workflows, allowing hospitals, imaging centers, and radiology practices to adopt diverse AI tools at scale while maintaining workflow continuity and oversight of clinical outcomes.
New Funding Raised: $10M, Series A
Round Investors: International Finance Corporation (lead), Stellaris Venture Partners
🚀Growth Focus: Support continued product innovation, expansion of its global partner ecosystem, and commercial growth across North America, LATAM, Europe, Asia-Pacific, and emerging markets.
Press: Dealroom, CARPL.ai News
HQ: Cupertino, CA
Industry: Hospitals and Health Care
Employee Count: 85
Elio Labs operates an optical computing technology that provides sample analysis, enabling scientists to tailor and adapt specimen filtering directly within the laboratory.
New Funding Raised: $21M, Seed
Round Investors: Innovation Endeavors (lead), Xora Innovation (lead), Scribble Ventures, UpWest
🚀Growth Focus: Advance a new generation of sensors designed specifically for AI applications, replacing conventional imaging systems with software-defined sensing that adapts in real time to the needs of machines.
Press: Pulse 2.0, Business Wire
HQ: Burlingame, CA
Industry: Biotechnology Research
Employee Count: 16
Inner Logic develops medical device development software, allowing healthcare and medtech companies to design, simulate, and validate next-generation software-defined medical devices through evidence-based engineering workflows.
New Funding Raised: $11.5M, Seed
Round Investors: General Catalyst (lead), PTX Capital, Alumni Ventures, Flare Capital Partners
🚀Growth Focus: Expand its platform and work with medical device companies developing conventional, intelligent, and autonomous procedural systems.
HQ: Baltimore, MD
Industry: Software Development
Employee Count: 50
🌍 EMEA
MoA Technology’s crop protection discovery platform offers sustainable herbicide chemistries with new modes of action from both natural and synthetic sources, enabling farmers to have a diverse choice of innovative technologies for weed control.
New Funding Raised: £22.2M, Series C
Round Investors: Oxford Science Enterprises (lead), Oxford University Innovation, Supernova Invest, Lansdowne Partners
🚀Growth Focus: Support its three most advanced programmes significantly closer to commercialisation, build its pipeline of early-stage novel mode of action herbicides, and to further develop its programme.
Press: EU-Startups, FinSMEs
HQ: Oxford, England
Industry: Biotechnology Research
Employee Count: 89
Hilo by Aktiia develops a monitoring tool that prevents and assists in high blood pressure, allowing patients to understand the underlying causes of their blood pressure and develop new approaches to address this limiting and life-threatening condition.
New Funding Raised: $19M, Series B
Round Investors: Dell Family Office (lead), redalpine, Khosla Ventures, naturalX Health Ventures
🚀Growth Focus: Develop the technology into a regulated medical platform in the future.
Press: Pulse 2.0, Tech Funding News
HQ: Neuchâtel, Switzerland
Industry: Home Health Care Services
Employee Count: 81
Passionfroot develops a creator marketing platform for automated go-to-market execution, enabling b2b marketing teams to automate the creation and execution of creator-led marketing strategies through a single AI-driven interface.
New Funding Raised: $15M, Series A
Round Investors: Insight Partners (lead), Supernode Global, Creandum, s16vc
🚀Growth Focus: Support its expansion into the US and Latin America, including the opening of offices in New York and São Paulo, while helping the company grow its team and continue developing AI-powered tools for brands and creators.
Press: TechCrunch, Vestbee
HQ: Berlin, Germany
Industry: Technology, Information and Internet
Employee Count: 29
kausable operates an AI-based technology model that acquires new skills on the fly, allowing users to gain the ability for autonomous decision-making in dynamic environments.
New Funding Raised: €12M, Seed
Round Investors: Entourage (lead), UVC Partners (lead), Sebastian Spitzer, Robin Rombach
🚀Growth Focus: Expand its current nine-person team and to advance its rapid-learning frontier model.
HQ: Heidelberg, Germany
Industry: Software Development
Employee Count: 10
deltaVision develops cryogenic fluid management systems that advance propulsion and fuel control in aerospace and hydrogen mobility for space propulsion, orbital refuelling, and active thermal control, enabling aerospace engineers and hydrogen vehicle developers to achieve performance, safety, and operational efficiency.
New Funding Raised: €10.2M, Seed
Round Investors: KT Ventures (lead), Valemount Capital (lead), Futury Capital
🚀Growth Focus: Expand production of spacecraft fluidic systems, accelerate the development of in-orbit refuelling technologies, and support the industrialization of its manufacturing operations.
HQ: Munich, Germany
Industry: Aviation and Aerospace Component Manufacturing
Employee Count: 108
Sales Gigs 🏆
⭐️Fireworks AI (LI) is hiring Enterprise AEs, a Head of Sales Development, and AI Native AEs for its NYC and San Mateo-based teams.
Ollama (LI) is hiring a founding Account Executive for its Palo Alto-based team.
Arcade (LI) is hiring Founding Enterprise AEs out of its San Francisco and NYC offices.
Bland (LI) is hiring BDRs, Mid-Market AEs, and Enterprise AEs for its SF-based team.
PointFive (LI) is hiring Enterprise AEs for its West Coast and London-based teams.
NinjaOne (LI) is hiring Enterprise Regional Sales Managers and Enterprise AEs globally.
Corgi Insurance (LI) is hiring Enterprise AEs and SDRs for its New York + SF offices.
Mecka (LI) is hiring a Director of NA Enterprise Sales for its NY-based team.
Cyera (LI) is hiring a Regional Sales Director - West, and a Commercial AE - Northeast for its SF + NYC teams.
Exa (LI) is hiring a Founding NYC AE and a Head of Sales Development for its SF/NYC-based team.
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